A beach church in Cabarete? I live in Cabarete and walk on the beach almost every day. I have never seen anything resembling a church or service. Anybody know where it is or when it takes place? Not that I'm in interested in participating - just curious.
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Best Business in the DR
Perfect example of an American, precisely from the country a sitting president has never visited. lolNow there is a compelling reason for a King or Head of State to visit the DR.......................to continue "expedited citizenship request."
And so with this "privilege," and relating it to "business," how has that helped Spain or Spanish businessmen as to business investments in the DR?
Perhaps you recall AMCHAMDR.
Statistically, Spain is not even in the top three of foreign direct investment in the DR. That "privilege" belongs to the country with 25% of the worlds gdp...........and by a wide margin.
Respectfully,
Playacaribe2
Wasn't you the one that once question if Dominicans in general don't look up to expats? It was in this forum quite a few years ago. You seem to be unaware that expats aren't thought of by most Dominicans.
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According to Norberis, their Airb&b properties in Santo Domingo, Juan Dolio, Punta Cana, Baní, and Puerto Plata generated a combined gross revenue of US$150K. Of course, that means you have to buy real estate in the DR, a no no according to many in this forum.
man that was painful, and fiction!
I can't understand her accent. Is she Filipino?
So no answer to the question posed?
NO.
Unaware of What?You seem to be unaware that expats aren't thought of by most Dominicans.
Please don not cast dispersions or innuendo unless you can back it up.
You had an opportunity to have a discussion about your post, yet you, like those without a cogent response, chose to start down the personal road............remember two can play that game
......if need be.And so we come full circle to the Best Business in the DR....................which your best above #175 did nothing to address........and truth be told neither did my response. But when you swerve into another's lane.......expect to hear someone's horn.
Respectfully,
Playacaribe2
Sooooo 30k per city REVENUE per year? We can assume they have multiple properties in at least some of the Locations so if we guess 8-10 total locations they are pulling in 15k REVENUE per year or an average of $41 each and every day per place?
Just a couple twentys but it definitely adds up day to day with multiple locations. That said she also has a moderately successful YouTube channel and is a local so has lots of different connections and more or less "trustworthy" people she can leverage. It's also possible she is renting out places that don't belong to her, thus further leveraging her contacts and network.
I wouldn't *dream* of involving myself in the airbnb market here personally. Way too many unknowns.
I'm not worth the risk. And most of us DO NOT have a successful YouTube presence that would allow us to present ourselves as trustworthy and/or to stand out from the crowd. Most of us are not locals.
Also isn't Norberis married to or dating a guy from the US? We could also assume he is funneling traffic into the business.
I don't believe her, period. She wants you to believe she grew from nothing to this level in 2 years?? I don't buy it. She's a wannabe influencer.
She's horrible. I couldn't understand a word she said. Sounds like a cross of Filipino/Latino/ Bronx accent. No personality for camera. Zero credibility
On the videos it is just on any beach and lots of plastic chairs. I am just intrigued by a German baker, and former boxer by the way, now a pastor in the DR.
I have no problem understanding her. Harder to understand at first? Yes. Impossible? No. Hard to understand once you get sone experience listi+ening to her? No.
You are not worthy of responding. Waste of time and effort, as you very well know.So no answer to the question posed?
NO.
Unaware of What?
Please don not cast dispersions or innuendo unless you can back it up.
You had an opportunity to have a discussion about your post, yet you, like those without a cogent response, chose to start down the personal road............remember two can play that game
And so we come full circle to the Best Business in the DR....................which your best above #175 did nothing to address........and truth be told neither did my response. But when you swerve into another's lane.......expect to hear someone's horn.
Respectfully,
Playacaribe2
César Iglesias will become the first Dominican company to do an IPO in the Dominican Stock Exchange. That will be a game changer.
He begins to speak about César Iglesias at 1:15:58 and afterwards the plans already started towards creating the first Dominican IPO. Btw, he's Dominican from a San Pedro de Macoris family at least since the second half of the 19th century, but due to circumstance he was born in Canada (one of his uncles was imprisoned and tortured by Trujillo, hence many fled and Canada is where his parents ended up). His mother founded the Babeque private school which is in Gazcue and with the principles of no privilege based on sex, social class, etc of the students. This school is not as expensive as other private schools in the capital, but that is by design. Given the quality of education the students receive, tuiton there should be much higher, but then it would be a school only for the rich. His mother didn't want that to happen.
PS. In the part prior to speaking about César Iglesias, he mentions the development of other businesses including in the USA (Quisqueyana is one of them).
He begins to speak about César Iglesias at 1:15:58 and afterwards the plans already started towards creating the first Dominican IPO. Btw, he's Dominican from a San Pedro de Macoris family at least since the second half of the 19th century, but due to circumstance he was born in Canada (one of his uncles was imprisoned and tortured by Trujillo, hence many fled and Canada is where his parents ended up). His mother founded the Babeque private school which is in Gazcue and with the principles of no privilege based on sex, social class, etc of the students. This school is not as expensive as other private schools in the capital, but that is by design. Given the quality of education the students receive, tuiton there should be much higher, but then it would be a school only for the rich. His mother didn't want that to happen.
PS. In the part prior to speaking about César Iglesias, he mentions the development of other businesses including in the USA (Quisqueyana is one of them).
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June 5, 2023
Economist and founder of Analytica Jacqueline Mora in Pesos Pesados.
She studied economics at PUCMM and was granted a scholarship to further her studies in economics in Chile with professors that themselves were taught by "The Chicago Boys." Many of them graduated from the School of Economics at the University of Chicago and are a major reason for Chile's economic miracle which catspulted that country to one of the most developed in Latin America. After studying in Chile she decided to return to the DR to apply the knowledge she acquired. She touches on the experience studying in Chile starting at 26:14.
She gives a good explanation of why government debt is different from personal debt starting at 33:48. She became very familiar with how this part works in part because she worked for placing Dominican government bonds in international market. In fact, one of her business trips was to NYC and she stayed in the hotel at the Twin Towers. Less than a week after she checked out and return to the DR, 9-11 happened with the hotel completely destroyed by the collapsing towers. Also, a Dominican team that was involved in placing Dominican bonds abroad were heading to the Twin Towers in NYC where on 9/11 they were suppose to have a meeting and the terrorist attack happened before they got to the buildings.
During the COVID pandemic she was asked to join the Ministry of Tourism and she is one of the reasons why the DR open early to international tourism, now seen as a international success but at the time it wasn't clear. Despite she never wanted to work for the government, but the experience changed her views of the Dominican government after meeting so many people that are there not what many people think (corruption, clientilism, nepotism, etc), rather are fully devoted to making it work. This she touches at 1:47:30.
At 2:02:34 she gives tips to current economics students and/or those that already graduated in the economics field and are in their initial years in the workforce.
She also touches on other aspects such as her experience working for Verizon Dominicana (now Clado) in the IT/data department, later her experience in Banco Popular, her founding of Analytica which is still functioning and is a business of combining macroeconomics with more specific data that produces information that can lead other businesses to greater understand the economic situation (Banco León, now part of BHD, was her first client), etc.
Economist and founder of Analytica Jacqueline Mora in Pesos Pesados.
She studied economics at PUCMM and was granted a scholarship to further her studies in economics in Chile with professors that themselves were taught by "The Chicago Boys." Many of them graduated from the School of Economics at the University of Chicago and are a major reason for Chile's economic miracle which catspulted that country to one of the most developed in Latin America. After studying in Chile she decided to return to the DR to apply the knowledge she acquired. She touches on the experience studying in Chile starting at 26:14.
She gives a good explanation of why government debt is different from personal debt starting at 33:48. She became very familiar with how this part works in part because she worked for placing Dominican government bonds in international market. In fact, one of her business trips was to NYC and she stayed in the hotel at the Twin Towers. Less than a week after she checked out and return to the DR, 9-11 happened with the hotel completely destroyed by the collapsing towers. Also, a Dominican team that was involved in placing Dominican bonds abroad were heading to the Twin Towers in NYC where on 9/11 they were suppose to have a meeting and the terrorist attack happened before they got to the buildings.
During the COVID pandemic she was asked to join the Ministry of Tourism and she is one of the reasons why the DR open early to international tourism, now seen as a international success but at the time it wasn't clear. Despite she never wanted to work for the government, but the experience changed her views of the Dominican government after meeting so many people that are there not what many people think (corruption, clientilism, nepotism, etc), rather are fully devoted to making it work. This she touches at 1:47:30.
At 2:02:34 she gives tips to current economics students and/or those that already graduated in the economics field and are in their initial years in the workforce.
She also touches on other aspects such as her experience working for Verizon Dominicana (now Clado) in the IT/data department, later her experience in Banco Popular, her founding of Analytica which is still functioning and is a business of combining macroeconomics with more specific data that produces information that can lead other businesses to greater understand the economic situation (Banco León, now part of BHD, was her first client), etc.
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September 11, 2023
Manuel Alejandro Grullón in Pesos Pesados. As expected, he works for Banco Popular, the second largest bank in the DR (if you notice the logo actually looks like a G of Grullón, the Santiago family that is the main founders of the bank in the 1960's), as Vice President of the Administration Board of Banco Popular.
The most interesting aspects are two.
1. His education consisted of attending boarding schools when he was a teenager in Connecticut and New Jersey. He later studied for two years in Babson College in Massachussetts and transferred to International Florida University in Florida (he says the major decision was that he was tired of the winters and the cold in the Northeast.)
2. He is a serial entrepreneur, founding and co-founding many businesses in the DR. Some were failures, but others became a big success and this includes Tpago (which is not limited to the DR, but several countries in Latin America.)
Tpago
Tpago
The Interview (in Spanish, but CC for automatic translation to English can be activated.)
The DR needs more people like him, serial entrepreneurs.
He is now a father and has a boy currently attending boarding school in the USA. Will he follow his fathers footsteps in becoming another serial entrepreneur in the DR?
Manuel Alejandro Grullón in Pesos Pesados. As expected, he works for Banco Popular, the second largest bank in the DR (if you notice the logo actually looks like a G of Grullón, the Santiago family that is the main founders of the bank in the 1960's), as Vice President of the Administration Board of Banco Popular.
The most interesting aspects are two.
1. His education consisted of attending boarding schools when he was a teenager in Connecticut and New Jersey. He later studied for two years in Babson College in Massachussetts and transferred to International Florida University in Florida (he says the major decision was that he was tired of the winters and the cold in the Northeast.)
2. He is a serial entrepreneur, founding and co-founding many businesses in the DR. Some were failures, but others became a big success and this includes Tpago (which is not limited to the DR, but several countries in Latin America.)
Tpago
Tpago
The Interview (in Spanish, but CC for automatic translation to English can be activated.)
The DR needs more people like him, serial entrepreneurs.
He is now a father and has a boy currently attending boarding school in the USA. Will he follow his fathers footsteps in becoming another serial entrepreneur in the DR?
Jaak Rannik (Vice President of Rannik Group), grandson of one of the creators of Rannik Group (a major shipping company in the DR, especially in the Haina Port) in Pesos Pesados.
Usually when when white people from successful Dominican businesses are interviewed in Pesos Pesados, the origin of their families in the DR is from either colonial times, after the country was created but before Trujillo or after Trujillo. That is not the case here.
His grandfather was from Estonia and became a refugee in Sweden. There he saw in a magazine an advertisement which was placed by the Trujillo government asking for people that were professionals/experts or with experience in several fields to either further develop them in the DR or create them from scratch in the DR. He immigrated in 1947 and took him forever from leaving Europe and arriving in the DR, as he had to take boats that went from Europe to Venezuela, thrn another from Venezuela to Puerto Rico, and then another from Puerto Rico to Santo Domingo. I think after going through the boat trip from Europe to Venezuela, most people would had decided that it wasn't their plan but Venezuela was their new permanent home. lol
The company he worked for was founded before the Trujillo years (1919) by a Scottish immigrant in San Pedro de Macorís. Once Trujillo was assassinated, the Scot thought his time in the DR had come to an end. He decides to close his business in the DR, but the grandfather of Jaak got together with some other people and despite they had no money, they offered to buy the company rather than see it closed and they were out of a job. It was agreed, but because he had no money he went to Puerto Rico and got the necessary financing from a bank. Once the company was bought it got renamed Rannik.
During the Civil War of the 1960's his father, his grandmother, etc were sent to Miami for further safety. His grandfather was constantly flying back to the DR to keep working on the Dominican company. During the time around the Vietnam War they intended to simply stsy in the USA and sell the Dominican business, but in the end that didn't happen. The company continue to grow until what it is today.
PS. Jaak was born in the USA in the 1970's because his mother (American) decided to give birth in that country to be close to her family.
Usually when when white people from successful Dominican businesses are interviewed in Pesos Pesados, the origin of their families in the DR is from either colonial times, after the country was created but before Trujillo or after Trujillo. That is not the case here.
His grandfather was from Estonia and became a refugee in Sweden. There he saw in a magazine an advertisement which was placed by the Trujillo government asking for people that were professionals/experts or with experience in several fields to either further develop them in the DR or create them from scratch in the DR. He immigrated in 1947 and took him forever from leaving Europe and arriving in the DR, as he had to take boats that went from Europe to Venezuela, thrn another from Venezuela to Puerto Rico, and then another from Puerto Rico to Santo Domingo. I think after going through the boat trip from Europe to Venezuela, most people would had decided that it wasn't their plan but Venezuela was their new permanent home. lol
The company he worked for was founded before the Trujillo years (1919) by a Scottish immigrant in San Pedro de Macorís. Once Trujillo was assassinated, the Scot thought his time in the DR had come to an end. He decides to close his business in the DR, but the grandfather of Jaak got together with some other people and despite they had no money, they offered to buy the company rather than see it closed and they were out of a job. It was agreed, but because he had no money he went to Puerto Rico and got the necessary financing from a bank. Once the company was bought it got renamed Rannik.
During the Civil War of the 1960's his father, his grandmother, etc were sent to Miami for further safety. His grandfather was constantly flying back to the DR to keep working on the Dominican company. During the time around the Vietnam War they intended to simply stsy in the USA and sell the Dominican business, but in the end that didn't happen. The company continue to grow until what it is today.
PS. Jaak was born in the USA in the 1970's because his mother (American) decided to give birth in that country to be close to her family.